Word: billingses
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Dates: during 1990-1999
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Under the heat of federal inquiry, 17 schools have admitted improper billings to the government for indirect costs and have either offered to pay back the government or reduce billing requests--in many cases, billings totaling hundreds of thousands of dollars.
The government investigations are concerned with billings for overhead costs on research-- called indirect costs. Each school receives a certain amount of money over and above the direct federal grant money, tagged for expenditures such as building depreciation, heating and lighting.
Inappropriate Billings
For example, Harvard announced in April that it would withdraw $500,000 from this year's request for indirect cost reimbursements. The University cited as questionable billings a senior dean's retirement party (University officials will not disclose the name of the dean), contributions to Boston public schools and any...
MIT has admitted to overcharging the government over $700,000, and many other colleges have admitted similar improper billings. The Department of Health and Human Services (HHS) has found further significant overbillings by at least 12 colleges that have already admitted to inappropriate charges, according to one investigator who spoke...